September 21, 2021
BY Erin Krueger
The Surface Transportation Board on Sept. 20 announced its intent to renew the charter of the Rail Energy Transportation Advisory Committee, which provides guidance to the STB regarding rail transportation of energy resources, including biofuels, coal and petroleum.
RETAC was first established in 2007 and consists of approximately 25 voting members, excluding governmental representatives, including four representatives from biofuel feedstock growers or providers and biofuel refiners. The committee meets at least twice a year and meetings are open to the public.
Current RETAC members include representatives of CHS, South Dakota Corn Growers Association, Cargill, and Louis Dreyfus Corp.
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A full copy of the STB’s notice of intent to renew the RETAC charter is available on the Federal Register website.
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The USDA maintained its outlook for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for soybean oil prices was also unchanged.
U.S. soybean production for 2025 is forecast at 4.29 billion bushels, down 2% when compared to last year, according to the USDA National Agricultural Statistics Service’s latest monthly Crop Production report, released Aug. 12.
Marathon Petroleum Corp. on Aug. 5 released second quarter financial results, reporting improved EBITDA for its renewable diesel segment. The company primarily attributed the improvement to increased utilization and higher margins.
Chevron Corp. on Aug. 1 confirmed the company started production at the Geismar renewable diesel plant in Louisiana during the second quarter after completing work to expand plant capacity from 7,000 to 22,000 barrels per day.
As of July 2025, California’s SCFS requires renewable fuel producers using specified source feedstocks to secure attestation letters reaching back to the point of origin. This marks a significant shift in compliance expectations.